Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Call Spread trade opportunity for PLUG POWER (PLUG) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. PLUG was recently trading at $23.22 and has an implied volatility of 84.80% for this period. Based on an analysis of the options available for PLUG expiring on 15-Jan-2021, there is a 34.14% likelihood that the underlying will close within the analyzed range of $23.23-$33.16 at expiration. In this scenario, the average linear return for the trade would be 103.98%. 52 week high: PLUG POWER recently reached a new 52-week high at $23.23. PLUG had traded in the range $2.53-$21.89 over the past year. Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if PLUG maintains its current direction and does not revert back to pricing on the bearish side of $23.22 on 15-Jan-2021. If possible, the trade has been padded such that slight movement against the trade would still return a profit. Upside potential: Using this bullish strategy, the trade would be profitable if PLUG POWER closes at or above $22.85 on 15-Jan-2021. Based on our risk-neutral analysis, there is a 51.83% likelihood of this return. Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment. To analyze this trade in depth, please visit the Quantcha Options Search Engine.